Is serving Googlebot a transcript in place of a video considered to be cloaking?

Hi Matt, is serving a word-for-word text transcript in place of a video to Googlebot considered a negative form of cloaking which could result in a penalty? Jeremy, Chicago Have a question? Ask it in our Webmaster Help Forum: www.google.com Want your question to be answered on a video like this? Follow us on Twitter and look for an announcement when we take new questions: twitter.com More videos: www.youtube.com Webmaster Central Blog: googlewebmastercentral.blogspot.com Webmaster Central: www.google.com